Tuesday broker round-up
24th Jul 2012 08:15
Aberdeen Asset Management: Societe Generale upgrades to buy from hold. Aggreko: S&P Equity Research upgrades to buy. BT Group: Societe Generale raises target from 210p to 220p, hold rating kept. CareTech: Canaccord Genuity ups target from 166p to 194p, buy rating kept. Carpetright: Merchant Secu
Read moreCareTech Holdings completes refinancing
17th Jul 2012 14:46
CareTech Holdings, a UK provider of specialist social care services, has successfully completed the refinancing of its banking facilities, which were due to expire in April 2013. The new facilities total £149.4m, comprising a term loan, a revolving credit facility and an overdraft facility for wor
Read moreSmall caps round-up: ATUK, Getech, Skywest, Caretech
10th Apr 2012 10:08
ATUK, the cloud e-Commerce marketplace, has announced it is working with Visa to establish a new business-to-business partnership. The aim is to enhance the value of commercial payment solutions in the Asia Pacific, Central Europe, Middle East and Africa regions. Geosciences firm GETECH, which spe
Read moreTuesday broker round-up - UPDATE
14th Feb 2012 10:40
British Land: Credit Suisse downgrades to neutral from outperform, target cut to 532p from 560p. Barclays: UBS raises target from 199p to 240p, neutral rating kept. Shore Capital upgrades to neutral from sell. Exane BNP upgrades to overweight from neutral. Standard Life: Nomura raises target from
Read moreSmall caps round-up: Provexis, CareTech, Nanoco ...
14th Feb 2012 10:12
Sports nutrition specialist Provexis said an industrial scale production of Fruitflow powder, was successfully completed in 2012. Fruitflow is Provexis's tomato extract which inhibits platelet aggregating and therefore reduces the chance of heart disease. Provexis has identified a potential applic
Read moreWednesday broker round-up - UPDATE
25th Jan 2012 09:00
Ashmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit
Read moreThursday tips round-up: Caretech, Domino's, Babcock International
29th Sep 2011 06:34
CareTech, the care home operator, was hit by a messy corporate governance row over capitalising the cost of its M&A team, which is not generally the done thing, and the fallout from the collapse of the larger Southern Cross. At the current price, the shares trade on about 4.4 times earnings for the
Read moreCareTech in talks with some funding authorities
20th Apr 2011 13:40
Specialist social care services provider CareTech traded in line with expectations in the first half of its financial year, with occupancy levels in mature facilities running at around 92%. In the six months to the end of March the company increased capacity by 121 places to 1,930. Occupancy level
Read moreJKX FD raises £333,000
27th Jan 2011 16:50
JKX Oil & Gas's finance chief has raised more than £333,000 from a share sale. Bruce Burrows sold 115,000 shares at 290p each to raise £333,500. He did subsequently spend £75,750 of that cash on taking up options over 50,000 shares at 151.5p each. That still leaves him with nearly £258,000 and 181
Read moreSmall caps round-up: Caretech, Kirkland Lake, Paragon Diamonds...
9th Dec 2010 14:48
Care services group Caretech lifted annual profits by 20% to £18.4m, on sales of £89.7m, up by 8%. The profit increase reflects both the strong EBITDA growth and favourable year on year net financial expenses, it said. The dividend for the year is 5.5p, up 17%. Miner Kirkland Gold's second quarte
Read moreAcquisitions help CareTech grow
14th Oct 2010 13:34
Specialist social care services provider CareTech says that capacity growth in the year to September 2010 is above expectations thanks to a combination of acquisitive and organic growth. AIM-quoted CareTech's occupancy rates for established homes are between 92% and 93%. Trading is in line with ex
Read moreUK SMALLCAP ROUNDUP: Central African Gold Holders Sell Stakes
17th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CENTRAL AFRICAN GOLD PLC's (CAN.LN) shares soared Thursday after the gold mining and exploration company's three largest shareholders sold their stakes t
Read moreCaretech still hungry for deals
17th Jun 2010 15:34
Acquisitive social care services provider CareTech Holdings saw its net debt come tumbling down in a six month trading period in which underlying profits rose by almost a third. Revenue in the six months to 31 March 2010 rose by 5% to £41.4m from £39.5m, helped in part by an increase in the bed cou
Read moreUPDATE: CareTech Plans Expansion On Resilient Outlook
17th Jun 2010 12:42
(Adds executive comments, analyst comments, share price.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. social care provider CareTech Holdings PLC (CTH.LN) Thursday upped its interim dividend 15% on a bullish outlook for the resilience of its services in the face of
Read moreUK SMALLCAP ROUNDUP: Mulberry Keen To Bag First Chinese Store
17th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps MULBERRY PLC (MUL.LN), a luxury fashion brand, Thursday said it is eyeing its first Chinese store, and anticipates opening its first shop in the region w
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